Bion Environmental Technologies (OTCMKTS:BNET) Shares Pass Below 200 Day Moving Average – Time to Sell?

Bion Environmental Technologies, Inc. (OTCMKTS:BNETGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.25 and traded as low as $0.20. Bion Environmental Technologies shares last traded at $0.20, with a volume of 5,000 shares changing hands.

Bion Environmental Technologies Stock Performance

The stock has a market cap of $11.68 million, a P/E ratio of -0.93 and a beta of -0.07. The stock has a 50-day moving average price of $0.20 and a 200-day moving average price of $0.25.

Bion Environmental Technologies Company Profile

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Bion Environmental Technologies, Inc develops patented and proprietary technology that provides waste treatment and resource recovery solutions for concentrated animal feeding operations (CAFOs) in the United States and internationally. The company offers Gen3Tech, a third-generation technology and business/technology platform, which remediates environmental problems and improve operational/resource efficiencies through recovering co-products from the CAFOs’ waste stream, including renewable energy, fertilizer products, and clean water.

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